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Book Cover
E-book
Author Jamieson, Andrew

Title Shipbrokers and the Law
Published Milton : Informa Law, 2014

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Description 1 online resource (181 p.)
Contents Cover -- Half Title -- Title Page -- Copyright Page -- Foreword -- Acknowledgments -- Table of Contents -- Table of Cases -- Introduction -- Chapter One: The Shipbroker and the Principal -- The law of agency -- Identifying the principal -- Duties to the principal -- Contract and tort -- Fiduciary duties -- Sub-brokers and intermediate brokers -- Chapter Two: The Shipbroker's Authority -- Actual authority -- Apparent or ostensible authority -- Breach of warranty of authority -- Damages for breach of warranty of authority -- Ratification -- Chapter Three: The Shipbroker's Statements
Negligent misstatements regarding principals -- Misrepresentation -- Defamation -- Malicious falsehood -- Interference with the contracts of others -- Chapter Four: The Shipbroker and the Negotiations -- The manner of communication -- The structure of negotiations -- The negotiation of an agreement -- Subjects -- Subject details -- External subjects -- Chapter Five: The Shipbroker and the Contract -- The named principal -- Disclosed and undisclosed principals -- The disclosed principal -- The undisclosed principal -- The shipbroker as a principal -- Non-existent principals
Principals to be nominated -- Sign-off procedures -- Chapter Six: Shipbroker's Commission -- Introduction -- Charterparty commission clauses -- Enforcing the clause in court -- The IBCC and drafting commission clauses -- Sale and purchase commission -- Contractual relationship -- Effective cause -- Agreement not fulfilled -- The position of buyers and intermediate brokers -- The problems of litigation -- Address commission -- Commission insurance -- Chapter Seven: Post-Fixture Services -- Drafting agreements -- Producing additional clauses -- Guarantees -- The correction of errors
Operational matters -- Demurrage claim documentation -- Handling the principal's funds -- Liabilities to third parties -- Disputes between principals -- Chapter Eight: The Shipbroker's Other Services -- Bunker broking -- Ship valuations -- Biffex and futures contracts -- Chapter Nine: The Regulation of Shipbrokers -- The Institute of Chartered Shipbrokers -- Baltic Exchange rules and ethics -- BIMCO and other organisations -- Quality assurance -- Appendices -- A: Charterparty commission clauses -- B: The IBCC -- C: A ship valuation -- D: FONASBA ""sub details"" clauses
E: The Baltic Exchange: ethics and market practices -- Index
Summary This text provides an explanation of the responsibilities and liabilities of the shipbroker, both in direct contact with principles and as part of a chain of other brokers. Highlighting legal questions arising from ways in which the broker's business is done, issues addressed in this book include potential legal liabilities as well as common negligence claims. The book also deals with the shipbroker's entitlement to commission and the problems associated with litigation in this area. It is suitable for ship owners, charterers, agents and marine consultants, as well as brokers
Notes Description based upon print version of record
Subject Ship brokers -- Legal status, laws, etc. -- England
Ship brokers -- Legal status, laws, etc. -- Wales
Contracts, Maritime -- England
Contracts, Maritime -- Wales
LAW / Maritime
Contracts, Maritime
England
Wales
Form Electronic book
ISBN 9781000286090
1000286096
9781003123019
1003123015
9781000285956
1000285952
9781000286021
1000286029